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The Basic Methods of Pearl Farming: A Layman's Manual - CTSA

The Basic Methods of Pearl Farming: A Layman's Manual - CTSA

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Table 5. Costs (for operating farm for 18 months)AppendixItem Item Description Cost Unit Quantity Price/Unit ($) Total Cost ($)Spat boat (20'-30') grafting size spat 5000 spat 7000 1.75 12,250two outboard motors (35 hp) grafting fees and4000Graftingservicestriptravel/lodging expenses1 22,000.00 22,000miscellaneous boat gear 5002 persons/4 days perLaborhourseeding platform week/1.5 years10004992 2.00 9984small generator for the generator (to supply 500Diesel gasgallonelectricity)200 0.50 100basic <strong>of</strong>fice equipment (telephone, fax, etc.)Gas for the outboard motor500gallon 200 2.00 400compressor 1000repairs to boats, engines,Equipment repairs2 sets SCUBA gear generator, etc.1500Miscellaneous grafting and other materials work tools tools, knives, gloves,and suppliescompressor supplies7001000ropes, floats, anchors for 3 lines 4600Communications phone/fax/email 500TOTAL $19,3001 overseas trip forMarketingtrip 1 4000.00 4000marketingTable 6. Startup500costs for mediumfarmsDepreciationInsuranceassumes $15,000 inassets depreciated at10% for 10 yearsworker and vehicleinsurance34002000Concession permit fee permit 1 200.00 200Total Costs $56,334Page 71Net Returns($96,290 - $56,334)= $39,956

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